Grab Acquires 60 Per Cent of Atome Financial for US$1.49 Billion
The ride-hailing giant will combine Atome's Buy Now, Pay Later operations with its financial services arm, targeting US$6 billion in loans by 2028.
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The ride-hailing giant will combine Atome's Buy Now, Pay Later operations with its financial services arm, targeting US$6 billion in loans by 2028.

The Southeast Asian super-app is negotiating a transaction that could value the Singapore fintech at over $2 billion as it expands its financial services footprint.

Singapore's digital bank enters the credit card market with unlimited cashback and a S$30,000 minimum income requirement, leaning on parent ecosystems Grab and Singtel.

Southeast Asia's super-app operator logged US$252 million in quarterly earnings and added US$750 million to its share buyback programme amid strengthening unit economics.

Singapore's exchange now offers 38 DRs spanning four markets, letting retail investors trade U.S.-listed and recently public firms in local currency during Asian hours.